The elections for parliament in the united kingdom of Northern Ireland and Great Britain this week have given no outright majority to any of the three parties.

The smallest of the three parties, the liberal democrats, will decide whether they will form the guv’mint with labour or with the conservatives.

Nick Clegg, the leader of the liberal democrats, is in favour of joining the euro. (1)

As FOA,
the gentleman who pointed out that the Euro Freegold system is designed to withstand the failure of a currency or an economy within the EU,
said a decade ago in the Gold Trail:

The moment England is seen as even a “virtual” member of Euro club; world will jump on gold available at whatever dollar amounts  (2)

Ivo Cerckel
honestmoney@maktoob.com
http://twitter.com/ivocerckel/

NOTES

(1)
Nick Clegg: We should consider joining the euro
The view that Britain’s economy is a cut above is about to take a terrible battering
Monday, 26 January 2009
http://www.independent.co.uk/opinion/commentators/nick-clegg-we-should-consider-joining-the-euro-1515755.html

(2)
The moment England is seen as even a “virtual” member of Euro club; world will jump on gold available at whatever dollar amounts
( FOA (10/25/01; 17:19:54MT – usagold.com msg#125)
More Thoughts and Comments from the Trail House
in;
The Gold Trail: The Message of an Evolving Market…
http://www.usagold.com/goldtrail/